PLS HELP ASAP #9 - What was the interest rate on a 3.5-year loan of $1000 if the maturity value of the note was $1,297.50? A. 9.5% B. 7% C. 5.8% D. 8.5%

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asked Jun 20, 2021 170k views

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PLS HELP ASAP #9 - What was the interest rate on a 3.5-year loan of $1000 if the maturity

value of the note was $1,297.50?
A. 9.5%
B. 7%
C. 5.8%
D. 8.5%

Mathematics
college

Barmaley asked

by Barmaley

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Answer:

......................

Geoffrey Poole answered Jun 25, 2021

by Geoffrey Poole

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